The euro took a beating and German bond yields hit a fresh record low on Tuesday in reaction to European Central Bank President Mario Draghi’s comments indicating a possibility of new rate cuts or asset purchases.
Switzerland’s financial regulator FINMA said on Tuesday that it is in contact with the “initiators” of Libra, Facebook’s planned cyrptocurrency.
AirAsia Group has decided to convert 253 orders for Airbus’ A320neo planes to the larger A321neo model, making AirAsia the world’s largest customer for the A321neo.
Sweden’s AB Volvo is joining forces with Nvidia to develop artificial intelligence used in self-driving trucks, in a boost for the U.S. chipmaker that was ditched by Tesla last year.
AirAsia Group Bhd will make an announcement about the Airbus SE A321XLR narrowbody jet at the Paris Airshow on Tuesday, a source with knowledge of the matter said.
London Heathrow, the busiest airport in Europe, published its masterplan plan for expansion on Tuesday, including building a controversial third runway and new terminal facilities, at the start of a 12-week statutory consultation.
After years of largely banking on low-cost Russia for growth, OMV is shifting attention towards the Middle East as its chemist chief executive chases his vision of making the Austrian oil and gas group a major supplier of plastics.
European shares rallied and the euro took a sharp hit on Tuesday in a knee-jerk reaction to European Central Bank President Mario Draghi’s comments indicating a possibility of new rate cuts or asset purchases.
Sweden’s AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday.
Raytheon Co said on Tuesday it has teamed up with Northrop Grumman Corp to develop and produce engines for hypersonic weapons that can travel 4,000 miles per hour.
Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.
Facebook Inc revealed plans to establish a cryptocurrency called Libra on Tuesday. It will be run by an association comprised of other corporate investors and non-profit members, with an expected launch in the first half of 2020.
Sweden’s AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday.
Volkswagen said on Tuesday it would put 5,000 digital experts into a new unit called “Car.Software” by 2025 as the German carmaker aims to develop at least 60% of its software in-house by then, up from less than 10% currently.
Most Asian stock markets rose on Tuesday but gains were capped by investor caution ahead of a U.S. Federal Reserve policy decision, while crude oil prices dipped as global growth worries overshadowed supply concerns.
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